Jobless claims in the U.S. decreased to 377,000

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Source: Forexpros

On Thursday, the U.S. Department of Labor reported that the amount of initial jobless claims during the week that ended June 2 decreased by 12,000 and reached 377,000, meeting expectations. The figure for the previous week was revised from 383,000 up to 389,000. Jobless claims were above 400,000 only in 2 of the last 32 weeks.

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Thu, 07 Jun 2012 17:54:26 GMT

European markets advanced on Thursday

European stocks climbed this Thursday after Chinese reserve bank decreased its interest rates, as well as deposit rates by 25 basis points. The Stoxx Europe 600 index ticked higher1.2 per cent to 242. 85. The U.K. FTSE 100 index jumped 1.5 per cent to 5,462.90 and French CAC 40 index gained 1.1 per cent to 3,093.10. Germany's DAX 30 index rose 1.3 per

Thu, 07 Jun 2012 16:48:31 GMT

U.K. services PMI remained steady in May

Service sector activity in May was growing at the same pace as in April. Markit reported that the seasonally adjusted SPI remained at the level of 53.3. Economists, however, expected that the index would decrease by 0.6, reaching 52.7. David Noble, CEO at the CIPS, argued that this growth became possible on account of decreased input price inflation.

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